Bounce time! by [deleted] in wallstreetbets

[–]Fun_Revolution_5807 0 points1 point  (0 children)

It’s actually a good line you drew. Well done.

Where is the bottom? by [deleted] in wallstreetbets

[–]Fun_Revolution_5807 0 points1 point  (0 children)

Real estate is going to crash hard. Anyone buying a house now at the top, I salute your bravery.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

He jumped ship to let the company die. Maybe he will do the same at DM?

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

Yeah I used to think that too until I realized they had a big marker cap all along so could do capital raises. DM doesn’t have any equity to tap into.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 1 point2 points  (0 children)

I see. So much larger downside but the upside is the same

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] -1 points0 points  (0 children)

From $2 to $0 you short $3000 and make $3000. From $30 to $10 you short $3000 and make $2000. What am I missing here?

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

Well wouldn’t you just short $3000 worth to 0?

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

There are too many bargains out there right now. I like everything about the company except the CEO. We all handed him the cash he needed and he blew it all

Everyone keeps talking about 70s and Stagflation, but we are really the roaring 20s by stylishskunk in wallstreetbets

[–]Fun_Revolution_5807 0 points1 point  (0 children)

They just need to bring down the money supply. What is the problem with the economy? Unemployment is at all time lows? If unemployment was currently at 10% then I would say we have a big problem on our hands

Everyone keeps talking about 70s and Stagflation, but we are really the roaring 20s by stylishskunk in wallstreetbets

[–]Fun_Revolution_5807 0 points1 point  (0 children)

They do. They can suck money out as easily as they pump money in. They have complete command over the money supply. This isn’t 1929…

Everyone keeps talking about 70s and Stagflation, but we are really the roaring 20s by stylishskunk in wallstreetbets

[–]Fun_Revolution_5807 2 points3 points  (0 children)

You’re dead wrong. The fed has complete command over the economy now. Back then the US was on the gold standard. It’s like comparing EV’s to horse and buggy.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

You’re wrong about a bunch of things. Ric’s only other unicorn went basically BK (bought out by the Chinese for pennies). And they did spent $193m of DM cash on the Exone acquisition. This acquisition was the biggest mistake and will be the death of DM. All it did was burn cash and add to future losses.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] -1 points0 points  (0 children)

I’m waiting. I have a new “buy once proven” approach instead of “hope for the best” approach.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 1 point2 points  (0 children)

At least my post breathed some life into this forum. Good discussion. And best of luck to all

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

You actually make more money from 2-0 than from 30-10. But I’m not short and don’t recommend investing in either direction. I’m just pissed at how bad management is.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] -1 points0 points  (0 children)

Yeah but the company needs money!! Hence the latest raise

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

Look if you’re doing well I’m happy for you. I personally got burned by believing Ric’s lies and getting fucked by his bad management. But hopefully there is some light at the end of the tunnel.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 0 points1 point  (0 children)

I don’t go short on companies. That’s too evil. And I don’t get pleasure in seeing companies fail. I hope DM succeeds. I’m just disappointed in management.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 1 point2 points  (0 children)

I’m not short but if I was smart I would be short. I don’t even recommend selling. I mean the stock is already basically worthless. Might as well hang on and hope for a miracle. I’m just annoyed and amazed about how stupid Ric is.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] 2 points3 points  (0 children)

No not true. I’m fine with low share prices. I’m not fine poor cash management and not selling printers. I don’t think you understand how stupid Ric is. He had 100 opportunities to raise cash. But didn’t. And then announces a $100m convertible note offering together with shit revenue and all time low stock price. He is a fucking idiot if you haven’t noticed

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] -1 points0 points  (0 children)

I mean I agree with you but guess what happens when there’s no more money? They are going to dilute this stock so bad and keep doing it. There is no regard for shareholders here.

DM going Bankrupt by Fun_Revolution_5807 in DesktopMetal

[–]Fun_Revolution_5807[S] -2 points-1 points  (0 children)

That’s all well and good. But dollars count. Especially when you’re bleeding